Overview
- Bath & Body Works forecasts fiscal 2025 earnings per share between $3.25 and $3.60, below analysts' expectations of $3.62.
- The company projects net sales growth of 1% to 3% for the year, compared to analysts' estimates of a 2.8% increase.
- Recently enacted U.S. tariffs on Chinese goods and ongoing economic pressures, including high interest rates and inflation, are expected to impact results.
- Fourth-quarter earnings exceeded expectations, with adjusted EPS of $2.09 on $2.79 billion in revenue, supported by successful holiday marketing efforts.
- Shares of Bath & Body Works fell 10% after the announcement, and the company also unveiled a $500 million share repurchase program.